"TD Cowen's initiation frames Strive as a differentiated player in asset management, one that explicitly rejects ESG-driven investing in favor of shareholder primacy. This positioning has attracted a distinct investor base and sets Strive apart from legacy managers like BlackRock and Vanguard."
"Strive describes itself as the first publicly traded Bitcoin treasury asset management firm, using Bitcoin as its hurdle rate for measuring shareholder value creation. This unique strategy adds another layer of differentiation in the asset management industry."
"Strive completed a reverse acquisition of Asset Entities Inc. on September 12, 2025, landing on the NASDAQ under the ticker ASST. Since then, it has moved aggressively to accumulate Bitcoin, holding 13,628 BTC as of March 17."
"Strive CEO Matthew Cole has stated, 'We see a m...'"
TD Cowen has initiated coverage of Strive, a Bitcoin treasury company, with a Buy rating and a $26 price target. Strive differentiates itself by rejecting ESG-driven investing, focusing instead on shareholder primacy. Co-founded by Vivek Ramaswamy, the firm has attracted a unique investor base. Strive is the first publicly traded Bitcoin treasury asset management firm, holding 13,628 BTC as of March 17. The company has raised significant capital and completed acquisitions to enhance its Bitcoin holdings.
Read at 24/7 Wall St.
Unable to calculate read time
Collection
[
|
...
]